The real estate revaluation, to pay for more Personal Goods

Minister Batakis announced, as part of the package of measures this Monday, that he will work on “methodologies” to make “comparable” tax assessments of real estate.

“We will work on methodologies to make the assessment comparable in all provinces and cities and be fairer with all taxpayers “Batakis said.

Without giving too much room for interpretationthe official warned that what is coming is a I evaluate for those jurisdictions that are overdue. It was the task he carried out until a week ago at the Ministry of the Interior with the Real estate appraisal agency, who has now decided to accompany her to the Ministry of Economy.

The properties have a double and even triple taxation, as they pay national taxes through the AFIP (Personal Property), the provinces (Real estate) and the municipalities (ABL). An increase in the valuation would generate a higher income for all those boxes.

for the economist Nadin Arganaraz, is approx level the ground between the jurisdictions that charge the most and those that charge the least, both in the houses and in the fields.

“What you were looking for is a horizontal equity, according to which everyone pays with the same methodology. Valuations will not be the same, but what you would like is that they all remain more or less at their market value. And it would also generate greater equity in the payment of personal assets, since an undervalued property pays less than a financial asset “.

In the same sense, expressed the tax expert Huberto Bertazzafor which the idea of ​​a generalized revaluation “is linked to the decision of increase the collection of personal property tax. The expected tax benefit is expected to be substantial, as the values ​​are currently lower 30% of its market value. So the impact on funding will be significant, “she added.

Cesare LitvinAlso a tax expert, he agreed that the idea of ​​a revaluation aims to improve collection, but estimated that it will not be useful for the Nation’s accounts.

“It won’t move the ammeter in public accounts, even if obviously it will affect taxpayers “. And he pointed out that it is a tax that not related to income of the owners. “Suppose that as a result of the future revaluation taxes increase by 100%: what person increased in the same proportion your income? ”he asked.

Guilermo Pérez, also a specialist in tax matters, underlined the “patrimonial” nature of real estate taxes and the risk that a disproportionate increase compared to the income of their owners “could generate a confiscation problem, that is, when someone has to end up selling a part of what should generate enough income to pay for expenses and even taxes ”.